Question 1

Efficient work habits are an example of:

Accepted Answer

A)  on-the-job training. 
B)  continuing education. 
C)  an employee's initiative. 
D)  cooperative education. 
E)  seniority.

Question 2

Increased technology can result in a reduction of employment in one industry while creating new jobs in other industries.

Accepted Answer

A) True 
 B)False

Question 3

A screening interview is reserved for only the finalists in a job search.

Accepted Answer

A) True 
 B)False

Question 4

Federal tax-deferred employee benefits are:

Accepted Answer

A)  not subject to federal income tax. 
B)  not subject to state income tax. 
C)  taxed at some future time. 
D)  are taxed at a special rate. 
E)  only available to union employees.

Question 5

Which of the following is the process of making and using contacts in the business world for obtaining and updating career information and job possibilities?

Accepted Answer

A)  Networking 
B)  An internship 
C)  A career fair 
D)  A cover letter 
E)  Financial planning

Question 6

A person who has worked in many fields and has a variety of skills in categories such as communications, research, and personnel administration would probably be best served with the use of a ____________ resume.

Accepted Answer

A)  targeted 
B)  functional 
C)  chronological 
D)  goal-oriented 
E)  career change

Question 7

A type of employee benefits program that allows workers to base their job benefits on a credit system and personal needs is called:

Accepted Answer

A)  cafeteria-style. 
B)  mandatory. 
C)  flexible. 
D)  voluntary. 
E)  bundled.

Question 8

Which of the following would be a competency commonly associated with successful people?

Accepted Answer

A)  An ability to work well with others in a variety of settings 
B)  A desire to do tasks better than they have to be done 
C)  An ability to solve problems creatively in team settings 
D)  Well-developed written and oral communication skills 
E)  All of these are competencies commonly associated with successful people

Question 9

Which of the following is the point at which retirement contributions made on your behalf by the company belong to you even if you no longer work for the company?

Accepted Answer

A)  Networking 
B)  Vesting 
C)  A tax deferred benefit 
D)  A tax exempt benefit 
E)  Break even

Question 10

Continuing career education can be in a formal or an informal setting.

Accepted Answer

A) True 
 B)False

Question 11

Kenton Greer wants to locate employment positions presently available in his career area. This information would be best obtained:

Accepted Answer

A)  the Occupational Outlook Handbook. 
B)  professional contacts. 
C)  an informational interview. 
D)  the Bureau of Labor Statistics. 
E)  business and economic news reports.

Question 12

Kyle Burroughs has purchased a suit and has interviewed with three companies through the career placement center at his university. He was surprised by some of the questions asked and does not feel he answered them well. He has developed some answers that he feels are better answers and better reflects his abilities and aptitudes. Which step in the career planning process has Kyle completed?

Accepted Answer

A)  Assess and research personal goals and abilities. 
B)  Evaluate the employment market to identify specific employment opportunities. 
C)  Develop a resume and cover letter to apply for specific positions. 
D)  Interview for specific positions and assess the interview performance. 
E)  Evaluate financial and other factors of positions offered.

Question 13

Suzanne is beginning to think she needs to find a new job. She is happy with her present salary and job duties, and has a large corner office with a wonderful view of the city. In spite of this, she dreads going to work each day. Discuss four reasons that may be to blame for her dissatisfaction at work.

Accepted Answer

The answer of Suzanne is beginning to think she needs...

Question 14

A list of grades received in school is commonly included on a resume.

Accepted Answer

A) True 
 B)False

Question 15

Discuss the types of information available for use when doing career planning.

Accepted Answer

The answer of Discuss the types of information available for...

Question 16

The Occupational Outlook Handbook would be most useful for determining:

Accepted Answer

A)  jobs available in your community. 
B)  current economic conditions. 
C)  expected employment in various career clusters. 
D)  interview questions for various careers. 
E)  suggested resume formats for various career fields.

Question 17

Austin Guess has written his resume and had it checked by his career placement center for errors. He plans on sending it to three companies he has identified as having job openings. Which step in the career planning process is Austin completing?

Accepted Answer

A)  Assess and research personal goals and abilities. 
B)  Evaluate the employment market to identify specific employment opportunities. 
C)  Develop a resume and cover letter to apply for specific positions. 
D)  Interview for specific positions and assess the interview performance. 
E)  Evaluate financial and other factors of positions offered.

Question 18

Brock Trotter has gone to monster.com as well as his local newspaper and has found five job possibilities that he feels fit his abilities and interests. Which step in the career planning process has Brock completed?

Accepted Answer

A)  Assess and research personal goals and abilities. 
B)  Evaluate the employment market to identify specific employment opportunities. 
C)  Develop a resume and cover letter to apply for specific positions. 
D)  Interview for specific positions and assess the interview performance. 
E)  Evaluate financial and other factors of positions offered.

Question 19

A ____________ resume presents a person's education, work experience, and other information in a reverse time-sequence.

Accepted Answer

A)  goal-oriented 
B)  functional 
C)  chronological 
D)  targeted 
E)  data base

Question 20

Which one of the following is a professional association that can assist in career planning for a specific career area?

Accepted Answer

A)  Bureau of Labor Statistics 
B)  Chamber of Commerce 
C)  Rotary Club 
D)  American Marketing Association 
E)  U.S. Department of Labor

Exam 2: Financial Aspects of Career Planning

Efficient work habits are an example of:

Increased technology can result in a reduction of employment in one industry while creating new jobs in other industries.

A screening interview is reserved for only the finalists in a job search.

Federal tax-deferred employee benefits are:

Which of the following is the process of making and using contacts in the business world for obtaining and updating career information and job possibilities?

A person who has worked in many fields and has a variety of skills in categories such as communications, research, and personnel administration would probably be best served with the use of a ____________ resume.

A type of employee benefits program that allows workers to base their job benefits on a credit system and personal needs is called:

Which of the following would be a competency commonly associated with successful people?

Which of the following is the point at which retirement contributions made on your behalf by the company belong to you even if you no longer work for the company?

Continuing career education can be in a formal or an informal setting.

Kenton Greer wants to locate employment positions presently available in his career area. This information would be best obtained:

A list of grades received in school is commonly included on a resume.

Discuss the types of information available for use when doing career planning.

The Occupational Outlook Handbook would be most useful for determining:

Austin Guess has written his resume and had it checked by his career placement center for errors. He plans on sending it to three companies he has identified as having job openings. Which step in the career planning process is Austin completing?

Brock Trotter has gone to monster.com as well as his local newspaper and has found five job possibilities that he feels fit his abilities and interests. Which step in the career planning process has Brock completed?

A ____________ resume presents a person's education, work experience, and other information in a reverse time-sequence.

Which one of the following is a professional association that can assist in career planning for a specific career area?